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a. Equipment with a book value of $82,000 and an original cost of $168,000 was sold at a loss of $36,000. b. Paid $115,000
a. Equipment with a book value of $82,000 and an original cost of $168,000 was sold at a loss of $36,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $320,000 for $415,000 cash, yielding a gain of $95,000. d. Stock investments were sold for $90,700 cash, yielding a gain of $14,000. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows (partial) Cash flows from investing activities 0
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